From Guidewire <[email protected]>
Subject Announcement 2024-05: Effective Date of Termination of the United States-Hungary Tax Treaty
Date December 29, 2023 7:08 PM
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IRS GuideWire December 29, 2023

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Issue Number:    A-2024-05

Inside This Issue
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Announcement 2024-05: The United States provided a diplomatic notification, dated July 8, 2022, to the Government of the Republic of Hungary of its termination of the United States-Hungary Tax Treaty. In respect of tax withheld at source, the United States-Hungary Tax Treaty ceases to have effect with respect to amounts paid or credited on or after January 1, 2024. In respect of other taxes, the United States-Hungary Tax Treaty ceases to have effect with respect to taxable periods beginning on or after January 1, 2024.

 Announcement 2024-05 will be in IRB 2024-3, dated January 16, 2024

 

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